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Kammenos ups rhetoric but Independent Greeks' future unclear
PoliticsGreek PoliticsThe leader of anti-bailout Independent Greeks, Panos Kammenos, has never been reluctant to express his opinion but when this view fails to meet with the approval of his own spokesman, it is clear that nothing about the party's future can be taken for gr...
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Finance Ministry challenges SYRIZA's plans for economy, ups cost
EconomyResponding to SYRIZA’s economic programme, which presented by its leader Alexis Tsipras in Thessaloniki on September 13, the Finance Ministry (MoF) published a 12-page press release providing its own calculations on the estimated cost of SYRIZA measures...
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SYRIZA's left wing ups pressure on Tsipras but PM retains authority for now
PoliticsGreek PoliticsDespite enduring a testing time during the meeting of SYRIZA’s central committee over the weekend, Prime Minister Alexis Tsipras emerged on Sunday without any serious damage and with the majority of the party body backing his handling of negotiations wi...
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Lenders dismiss Greek proposals but SYRIZA also ups pressure on Tsipras
PoliticsGreek PoliticsGreece will have to submit an improved offer to its creditors in a bid to secure an agreement over spending cuts and structural reforms after the European Commission appeared to dismiss Athens’s recent attempt to bridge the gap between the two sides. Eu...
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ELSTAT revises 2015 primary surplus downward to 0.15 pct of GDP, slightly ups debt
EconomyMacroeconomyThe second notification of the annual fiscal data published by the Hellenic Statistical Authority (ELSTAT) on Thursday revealed a lower 2015 primary surplus and higher debt compared to the initial figures published in its first notification on April 21....
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Finance Ministry ups 2017 budget primary surplus estimates on higher revenue projections
EconomyMacroeconomyIn addition to fiscal forecasts and interventions for the coming years, the Medium-Term Fiscal Strategy (MTFS) for 2018-2021, which was tabled in Parliament on Saturday evening as the last article of the prior actions multi-bill, has updated state budge...
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EC ups growth to 2.2 pct in 2019, sees growth in 2020 at 2.4 pct
EconomyMacroeconomyThe European Commission updated its economic estimates for Greece on Thursday, as part of the regular winter forecast cycle, revising upward its expectations for the growth of 2019 to 2.2 percent from 1.8 percent in the autumn forecasts three months ago...
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Athens ups diplomatic effort as Turkey plans hydrocarbon research in Greek continental shelf
PoliticsForeign PolicyAthens is examining all the diplomatic means at its disposal to respond to what it sees as mounting transgressions by Turkey. Greece has launched a new round of diplomatic contacts with the aim of mobilising permanent members of the United Nations Secur...
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SYRIZA ups stakes over bankruptcy code as govt faces embarrassment over missing GD bigwig
PoliticsGreek PoliticsThere was little time to digest the latest measures to contain Covid-19 on Thursday as SYRIZA launched an attack on the government over the new bankruptcy code that was due to be voted through Parliament this week. Prime Minister Kyriakos Mitsotakis ann...
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OECD ups 2021 growth estimate by nearly 3 points, underlines RRF impact
EconomyMacroeconomyThe OECD released on Monday its latest Economic Outlook, in which it significantly revised its growth estimate for Greece for this year to 3.8 pct, from 0.9 pct in the previous forecast last December. At the time, the OECD had pointed out that the recov...
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